At Advent, they turned down money - The Boston Globe

"Advent International, a buyout firm based in Boston and London, closed on a new $3.3 billion fund in April, one of the largest private equity funds raised this year. The fund was oversubscribed, with limited partners offering to invest more than $5 billion. Douglas A. Kingsley, managing director for Advent, discussed the fund-raising environment with Globe business reporter Robert Weisman."